ING Global Property Securities Fund wins S&P award in Australia (AU/NL)

ING Real Estate and ING Investment Management have announced that the ING Global Property Securities Fund has won the Listed Property Category at this year's Standard & Poor's 2007 Fund Manager of the Year Awards in Australia.

The fund has a consistent track record delivering 28.4% since inception (10 October 2005 to 17 July 2007) compared with the UBS Global Investor (ex Australia) Index of 22.7%. The ING Global Property Securities Fund is the only 5-star rated fund by Standard & Poor's and only one of two funds rated "Highly Recommended" by Australian investment research house, Lonsec.

The ING Global Property Securities Fund offers Australian investors an opportunity to invest in a global property securities strategy. The fund was established in 2005 by ING Investment Management Australia. Its portfolio is managed by ING Clarion Real Estate Securities, ING Real Estate's global listed property unit. Fund assets under management are AUD 291m (€184m).

"We are very pleased to share this award with ING Investment Management" said Ritson Ferguson, CEO of ING Clarion Real Estate Securities. "What differentiates our strategy is our ability to effectively integrate ING Real Estate's direct and listed property market intelligence to identify market inefficiencies and drive outperformance."

ING Clarion Real Estate Securities has a large experienced team of dedicated property security portfolio managers and analysts based in offices throughout North America, Europe, and Asia. This team draws upon the direct property research and resources of ING Real Estate, which has a global network of offices in 21 countries in Europe, the United States, Asia and Australia.

Source: ING Real Estate

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